Gas firm says shale gas profits should fund UK insulation

The UK should use its massive shale gas deposits to fund insulation measures so we can hit 2020 renewable energy targets. That’s the view of biomethane supplier to the UK […]

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By Vicky Ellis

The UK should use its massive shale gas deposits to fund insulation measures so we can hit 2020 renewable energy targets.

That’s the view of biomethane supplier to the UK gas grid, CNG Services who suggested shale gas would help avoid pricey oil imports at a fringe event at Labour’s party conference in Manchester.

John Baldwin, managing director of CNG Services said: “The UK needs to reduce its reliance on expensive gas imports and develop its shale gas resources in order to fund insulation and the move to renewables such as anaerobic digestion and wind.

“We must invest in insulation to reduce gas demand for heating and to provide gas to switch to running trucks on natural gas, saving 20% CO2. If that gas is produced in Lancashire we keep all the money circulating in our economy, have a better environmental outcome and create thousands of jobs in renewables and insulation businesses.”